Richard Branson's Virgin Orbit Holdings Inc and its subsidiaries in the United States filed a Chapter 11 bankruptcy plan with the U.S. Bankruptcy Court for the District of Delaware, the company said in a statement on Wednesday.
China's ambitious plan to get its companies listed in London and Zurich stock markets needs fine-tuning, analysts say, as the sparse liquidity in traded Chinese companies there has created market arbitrage opportunities for investors.
An uncrewed test flight of SpaceX's next-generation Starship spacecraft exploded minutes after liftoff from South Texas on Thursday, cutting short a key step in Elon Musk's development of a rocket vessel to eventually take humans to the moon and Mars.
The German military will end its Patriot anti defence units in fellow NATO members Slovakia and Poland this year, a spokesperson for the defence ministry was quoted as saying, as Berlin tries to make the best use of its limited military resources.
German Defence Minister Boris Pistorius rejected a quick decision on Ukraine's membership at NATO, the Western alliance that has supported Ukraine throughout its war with Russia, with member states supplying it with weapons.